EU Capital Requirements Regulation and Directive
Sectors
Articles (690)
Article 95 — Remuneration CommitteeArticle 186 — Own funds requirement and risk quantificationArticle 442 — Credit risk adjustmentsArticle 96 — Maintenance of a website on corporate governance and remunerationArticle 187 — Risk management process and controlsArticle 443 — Unencumbered assetsArticle 97 — Supervisory review and evaluationArticle 188 — Validation and documentationArticle 444 — Use of ECAIsArticle 98 — Technical criteria for the supervisory review and evaluationArticle 189 — Corporate GovernanceArticle 445 — Exposure to market riskArticle 99 — Supervisory examination programmeArticle 190 — Credit risk controlArticle 446 — Operational riskArticle 100 — Supervisory stress testingArticle 191 — Internal AuditArticle 447 — Exposures in equities not included in the trading bookArticle 101 — Ongoing review of the permission to use internal approachesArticle 192 — DefinitionsArticle 448 — Exposure to interest rate risk on positions not included in the trading bookArticle 102 — Supervisory measuresArticle 193 — Principles for recognising the effect of credit risk mitigation techniquesArticle 449 — Exposure to securitisation positionsArticle 103 — Application of supervisory measures to institutions with similar risk profilesArticle 194 — Principles governing the eligibility of credit risk mitigation techniquesArticle 450 — Remuneration policyArticle 104 — Supervisory powersArticle 195 — On-balance sheet nettingArticle 451 — LeverageArticle 105 — Specific liquidity requirementsArticle 196 — Master netting agreements covering repurchase transactions or securities or commodities lending or borrowing transactions or other capital market-driven transactionsArticle 452 — Use of the IRB Approach to credit riskArticle 106 — Specific publication requirementsArticle 197 — Eligibility of collateral under all approaches and methodsArticle 453 — Use of credit risk mitigation techniquesArticle 107 — Consistency of supervisory reviews, evaluations and supervisory measuresArticle 198 — Additional eligibility of collateral under the Financial Collateral Comprehensive MethodArticle 454 — Use of the Advanced Measurement Approaches to operational riskArticle 108 — Internal capital adequacy assessment processArticle 199 — Additional eligibility for collateral under the IRB ApproachArticle 455 — Use of Internal Market Risk ModelsArticle 109 — Institutions' arrangements, processes and mechanismsArticle 200 — Other funded credit protectionArticle 456 — Delegated actsArticle 110 — Review and evaluation and supervisory measuresArticle 201 — Eligibility of protection providers under all approachesArticle 457 — Technical adjustments and correctionsArticle 111 — Determination of the consolidating supervisorArticle 202 — Eligibility of protection providers under the IRB Approach which qualify for the treatment set out in Article 153(3)Article 458 — Macroprudential or systemic risk identified at the level of a Member StateArticle 112 — Coordination of supervisory activities by the consolidating supervisorArticle 203 — Eligibility of guarantees as unfunded credit protectionArticle 459 — Prudential requirementsArticle 113 — Joint decisions on institution-specific prudential requirementsArticle 204 — Eligible types of credit derivativesArticle 460 — LiquidityArticle 114 — Information requirements in emergency situationsArticle 205 — Requirements for on-balance sheet netting agreements other than master netting agreements referred to in Article 206Article 461 — Review of the phasing-in of the liquidity coverage requirementArticle 115 — Coordination and cooperation arrangementsArticle 206 — Requirements for master netting agreements covering repurchase transactions or securities or commodities lending or borrowing transactions or other capital market driven transactionsArticle 462 — Exercise of the delegationArticle 116 — Colleges of supervisorsArticle 207 — Requirements for financial collateralArticle 463 — Objections to regulatory technical standardsArticle 117 — Cooperation obligationsArticle 208 — Requirements for immovable property collateralArticle 464 — European Banking CommitteeArticle 118 — Checking information concerning entities in other Member StatesArticle 209 — Requirements for receivablesArticle 465 — Own funds requirementsArticle 119 — Inclusion of holding companies in consolidated supervisionArticle 210 — Requirements for other physical collateralArticle 466 — First time application of International Financial Reporting StandardsArticle 120 — Supervision of mixed financial holding companiesArticle 211 — Requirements for treating lease exposures as collateralisedArticle 467 — Unrealised losses measured at fair valueArticle 121 — Qualification of directorsArticle 212 — Requirements for other funded credit protectionArticle 468 — Unrealised gains measured at fair valueArticle 122 — Requests for information and inspectionsArticle 213 — Requirements common to guarantees and credit derivativesArticle 469 — Deductions from Common Equity Tier 1 itemsArticle 123 — SupervisionArticle 214 — Sovereign and other public sector counter-guaranteesArticle 470 — Exemption from deduction from Common Equity Tier 1 itemsArticle 124 — Exchange of informationArticle 215 — Additional requirements for guaranteesArticle 471 — Exemption from Deduction of Equity Holdings in Insurance Companies from Common Equity Tier 1 ItemsArticle 125 — CooperationArticle 216 — Additional requirements for credit derivativesArticle 472 — Items not deducted from Common Equity Tier 1Article 126 — PenaltiesArticle 217 — Requirements to qualify for the treatment set out in Article 153(3)Article 473 — Introduction of amendments to IAS 19Article 127 — Assessment of equivalence of third countries' consolidated supervisionArticle 218 — Credit linked notesArticle 474 — Deductions from Additional Tier 1 itemsArticle 128 — DefinitionsArticle 219 — On-balance sheet nettingArticle 475 — Items not deducted from Additional Tier 1 itemsArticle 129 — Requirement to maintain a capital conservation bufferArticle 220 — Using the Supervisory Volatility Adjustments Approach or the Own Estimates Volatility Adjustments Approach for master netting agreementsArticle 476 — Deductions from Tier 2 itemsArticle 130 — Requirement to maintain an institution-specific countercyclical capital bufferArticle 221 — Using the Internal Models Approach for Master netting agreementsArticle 477 — Deductions from Tier 2 itemsArticle 131 — Global and other systemically important institutionsArticle 222 — Financial Collateral Simple MethodArticle 478 — Applicable percentages for deduction from Common Equity Tier 1, Additional Tier 1 and Tier 2 itemsArticle 132 — ReportingArticle 223 — Financial Collateral Comprehensive MethodArticle 479 — Recognition in consolidated Common Equity Tier 1 capital of instruments and items that do not qualify as minority interestsArticle 133 — Requirement to maintain a systemic risk bufferArticle 224 — Supervisory volatility adjustment under the Financial Collateral Comprehensive MethodArticle 480 — Recognition in consolidated own funds of minority interests and qualifying Additional Tier 1 and Tier 2 capitalArticle 134 — Recognition of a systemic risk buffer rateArticle 225 — Own estimates of volatility adjustments under the Financial Collateral Comprehensive MethodArticle 481 — Additional filters and deductionsArticle 135 — ESRB guidance on setting countercyclical buffer ratesArticle 226 — Scaling up of volatility adjustment under the Financial Collateral Comprehensive methodArticle 482 — Scope of application for derivatives transactions with pension fundsArticle 136 — Setting countercyclical buffer ratesArticle 227 — Conditions for applying a 0 % volatility adjustment under the Financial Collateral Comprehensive methodArticle 483 — Grandfathering of State aid instrumentsArticle 137 — Recognition of countercyclical buffer rates in excess of 2,5 %Article 228 — Calculating risk-weighted exposure amounts and expected loss amounts under the Financial Collateral Comprehensive methodArticle 484 — Eligibility for grandfathering of items that qualified as own funds under national transposition measures for Directive 2006/48/ECArticle 138 — ESRB recommendation on third country countercyclical buffer ratesArticle 229 — Valuation principles for other eligible collateral under the IRB ApproachArticle 485 — Eligibility for inclusion in the Common Equity Tier 1 of share premium accounts related to items that qualified as own funds under national transposition measures for Directive 2006/48/ECArticle 139 — Decision by designated authorities on third country countercyclical buffer ratesArticle 230 — Calculating risk-weighted exposure amounts and expected loss amounts for other eligible collateral under the IRB ApproachArticle 486 — Limits for grandfathering of items within Common Equity Tier 1, Additional Tier 1 and Tier 2 itemsArticle 140 — Calculation of institution-specific countercyclical capital buffer ratesArticle 231 — Calculating risk-weighted exposure amounts and expected loss amounts in the case of mixed pools of collateralArticle 487 — Items excluded from grandfathering in Common Equity Tier 1 or Additional Tier 1 items in other elements of own fundsArticle 141 — Restrictions on distributionsArticle 232 — Other funded credit protectionArticle 488 — Amortisation of items grandfathered as Tier 2 itemsArticle 142 — Capital Conservation PlanArticle 233 — ValuationArticle 489 — Hybrid instruments with a call and incentive to redeemArticle 143 — General disclosure requirementsArticle 234 — Calculating risk-weighted exposure amounts and expected loss amounts in the event of partial protection and tranchingArticle 490 — Tier 2 items with an incentive to redeemArticle 144 — Specific disclosure requirementsArticle 235 — Calculating risk-weighted exposure amounts under the Standardised ApproachArticle 491 — Effective maturityArticle 145 — Delegated ActsArticle 236 — Calculating risk-weighted exposure amounts and expected loss amounts under the IRB ApproachArticle 492 — Disclosure of own fundsArticle 146 — Implementing ActsArticle 237 — Maturity mismatchArticle 493 — Transitional provisions for large exposuresArticle 147 — European Banking CommitteeArticle 238 — Maturity of credit protectionArticle 494 — Transitional provisions for eligible capitalArticle 148 — Exercise of the delegationArticle 239 — Valuation of protectionArticle 495 — Treatment of equity exposures under the IRB ApproachArticle 149 — Objections to regulatory technical standardsArticle 240 — First-to-default credit derivativesArticle 496 — Own funds requirements for covered bondsArticle 150 — Amendments of Directive 2002/87/ECArticle 241 — Nth-to-default credit derivativesArticle 497 — Own funds requirements for exposures to CCPsArticle 151 — ScopeArticle 242 — DefinitionsArticle 498 — Exemption for Commodities dealersArticle 152 — Reporting requirementsArticle 243 — Traditional securitisationArticle 499 — LeverageArticle 153 — Measures taken by the competent authorities of the home Member State in relation to activities carried out in the host Member StateArticle 244 — Synthetic securitisationArticle 500 — Transitional provisions – Basel I floorArticle 154 — Precautionary measuresArticle 245 — Calculation of risk-weighted exposure amountsArticle 501 — Capital requirements deduction for credit risk on exposures to SMEsArticle 155 — ResponsibilityArticle 246 — Exposure valueArticle 502 — Cyclicality of capital requirementsArticle 156 — Liquidity supervisionArticle 247 — Recognition of credit risk mitigation for securitisation positionsArticle 503 — Own funds requirements for exposures in the form of covered bondsArticle 157 — Collaboration concerning supervisionArticle 248 — Implicit supportArticle 504 — Capital instruments subscribed by public authorities in emergency situationsArticle 158 — Significant branchesArticle 249 — General treatmentArticle 505 — Review of long-term financingArticle 159 — On-the-spot checksArticle 250 — Treatment of maturity mismatches in synthetic securitisationsArticle 506 — Credit risk – definition of defaultArticle 160 — Transitional provisions for capital buffersArticle 251 — Risk-weightsArticle 507 — Large exposuresArticle 161 — Review and reportArticle 252 — Originator and sponsor institutionsArticle 508 — Level of applicationArticle 162 — TranspositionArticle 253 — Treatment of unrated positionsArticle 509 — Liquidity requirementsArticle 163 — RepealArticle 254 — Treatment of securitisation positions in a second loss tranche or better in an ABCP programmeArticle 510 — Net Stable Funding RequirementsArticle 164 — Entry into forceArticle 255 — Treatment of unrated liquidity facilitiesArticle 511 — LeverageArticle 165 — AddresseesArticle 256 — Additional own funds requirements for securitisations of revolving exposures with early amortisation provisionsArticle 512 — Exposures to transferred credit riskArticle 1 — ScopeArticle 257 — Credit risk mitigation for securitisation positions subject to the Standardised ApproachArticle 513 — Macroprudential rulesArticle 2 — Supervisory powersArticle 258 — Reduction in risk-weighted exposure amountsArticle 514 — Counterparty Credit Risk and the Original Exposure MethodArticle 3 — Application of stricter requirements by institutionsArticle 259 — Hierarchy of methodsArticle 515 — Monitoring and evaluationArticle 4 — DefinitionsArticle 260 — Maximum risk-weighted exposure amountsArticle 516 — Long-term financingArticle 5 — Definitions specific to capital requirements for credit riskArticle 261 — Ratings Based MethodArticle 517 — Definition of eligible capitalArticle 6 — General principlesArticle 262 — Supervisory Formula MethodArticle 518 — Review of capital instruments which may be written down or converted at the point of non-viabilityArticle 7 — Derogation to the application of prudential requirements on an individual basisArticle 263 — Liquidity FacilitiesArticle 519 — Deduction of defined benefit pension fund assets from Common Equity Tier 1 itemsArticle 8 — Derogation to the application of liquidity requirements on an individual basisArticle 264 — Credit risk mitigation for securitisation positions subject to the IRB ApproachArticle 520 — Amendment of Regulation (EU) No 648/2012Article 9 — Individual consolidation methodArticle 265 — Additional own funds requirements for securitisations of revolving exposures with early amortisation provisionsArticle 50a — Calculation of K CCPArticle 10 — Waiver for credit institutions permanently affiliated to a central bodyArticle 266 — Reduction in risk-weighted exposure amountsArticle 50b — General rules for the calculation of K CCPArticle 11 — General treatmentArticle 267 — Use of Credit Assessments by ECAIsArticle 50c — Reporting of informationArticle 12 — Financial holding company or mixed financial holding company with both a subsidiary credit institution and a subsidiary investment firmArticle 268 — Requirements to be met by the credit assessments of ECAIsArticle 50d — Calculation of specific items to be reported by the CCPArticle 13 — Application of disclosure requirements on a consolidated basisArticle 269 — Use of credit assessmentsArticle 521 — Entry into force and date of applicationArticle 14 — Application of requirements of Part Five on a consolidated basisArticle 270 — MappingArticle 15 — Derogation to the application of own funds requirements on a consolidated basis for groups of investment firmsArticle 271 — Determination of the exposure valueArticle 16 — Derogation to the application of the leverage ratio requirements on a consolidated basis for groups of investment firmsArticle 272 — DefinitionsArticle 17 — Supervision of investment firms waived from the application of own funds requirements on a consolidated basisArticle 273 — Methods for calculating the exposure valueArticle 18 — Methods for prudential consolidationArticle 274 — Mark-to-market MethodArticle 19 — Entities excluded from the scope of prudential consolidationArticle 275 — Original Exposure MethodArticle 20 — Joint decisions on prudential requirementsArticle 276 — Standardised MethodArticle 21 — Joint decisions on the level of application of liquidity requirementsArticle 277 — Transactions with a linear risk profileArticle 22 — Sub-consolidation in cases of entities in third countriesArticle 278 — Transactions with a non-linear risk profileArticle 23 — Undertakings in third countriesArticle 279 — Treatment of CollateralArticle 24 — Valuation of assets and off-balance sheet itemsArticle 280 — Calculation of risk positionsArticle 25 — Tier 1 capitalArticle 281 — Interest rate risk positionsArticle 26 — Common Equity Tier 1 itemsArticle 282 — Hedging setsArticle 27 — Capital instruments of mutuals, cooperative societies, savings institutions or similar institutions in Common Equity Tier 1 itemsArticle 283 — Permission to use the Internal Model MethodArticle 28 — Common Equity Tier 1 instrumentsArticle 284 — Exposure valueArticle 29 — Capital instruments issued by mutuals, cooperative societies, savings institutions and similar institutionsArticle 285 — Exposure value for netting sets subject to a margin agreementArticle 30 — Consequences of the conditions for Common Equity Tier 1 instruments ceasing to be metArticle 286 — Management of CCR – Policies, processes and systemsArticle 31 — Capital instruments subscribed by public authorities in emergency situationsArticle 287 — Organisation structures for CCR managementArticle 32 — Securitised assetsArticle 288 — Review of CCR management systemArticle 33 — Cash flow hedges and changes in the value of own liabilitiesArticle 289 — Use testArticle 34 — Additional value adjustmentsArticle 290 — Stress testingArticle 35 — Unrealised gains and losses measured at fair valueArticle 291 — Wrong-Way RiskArticle 36 — Deductions from Common Equity Tier 1 itemsArticle 292 — Integrity of the modelling processArticle 37 — Deduction of intangible assetsArticle 293 — Requirements for the risk management systemArticle 38 — Deduction of deferred tax assets that rely on future profitabilityArticle 294 — Validation requirementsArticle 39 — Tax overpayments, tax loss carry backs and deferred tax assets that do not rely on future profitabilityArticle 295 — Recognition of contractual netting as risk-reducingArticle 40 — Deduction of negative amounts resulting from the calculation of expected loss amountsArticle 296 — Recognition of contractual netting agreementsArticle 41 — Deduction of defined benefit pension fund assetsArticle 297 — Obligations of institutionsArticle 42 — Deduction of holdings of own Common Equity Tier 1 instrumentsArticle 298 — Effects of recognition of netting as risk-reducingArticle 43 — Significant investment in a financial sector entityArticle 299 — Items in the trading bookArticle 44 — Deduction of holdings of Common Equity Tier 1 instruments of financial sector entities and where an institution has a reciprocal cross holding designed artificially to inflate own fundsArticle 300 — DefinitionsArticle 45 — Deduction of holdings of Common Equity Tier 1 instruments of financial sector entitiesArticle 301 — Material scopeArticle 46 — Deduction of holdings of Common Equity Tier 1 instruments where an institution does not have a significant investment in a financial sector entityArticle 302 — Monitoring of exposures to CCPsArticle 47 — Deduction of holdings of Common Equity Tier 1 instruments where an institution has a significant investment in a financial sector entityArticle 303 — Treatment of clearing members' exposures to CCPsArticle 48 — Threshold exemptions from deduction from Common Equity Tier 1 itemsArticle 304 — Treatment of clearing members' exposures to clientsArticle 49 — Requirement for deduction where consolidation, supplementary supervision or institutional protection schemes are appliedArticle 305 — Treatment of clients' exposuresArticle 50 — Common Equity Tier 1 capitalArticle 306 — Own funds requirements for trade exposuresArticle 51 — Additional Tier 1 itemsArticle 307 — Own funds requirements for pre-funded contributions to the default fund of a CCPArticle 52 — Additional Tier 1 instrumentsArticle 308 — Own funds requirements for pre-funded contributions to the default fund of a Q CCPArticle 53 — Restrictions on the cancellation of distributions on Additional Tier 1 instruments and features that could hinder the recapitalisation of the institutionArticle 309 — Own funds requirements for pre-funded contributions to the default fund of a non-qualifying CCP and for unfunded contributions to a non-qualifying CCPArticle 54 — Write down or conversion of Additional Tier 1 instrumentsArticle 310 — Alternative calculation of own funds requirement for exposures to a Q CCPArticle 55 — Consequences of the conditions for Additional Tier 1 instruments ceasing to be metArticle 311 — Own funds requirements for exposures to CCPs that cease to meet certain conditionsArticle 56 — Deductions from Additional Tier 1 itemsArticle 312 — Permission and notificationArticle 57 — Deductions of holdings of own Additional Tier 1 instrumentsArticle 313 — Reverting to the use of less sophisticated approachesArticle 58 — Deduction of holdings of Additional Tier 1 instruments of financial sector entities and where an institution has a reciprocal cross holding designed artificially to inflate own fundsArticle 314 — Combined use of different approachesArticle 59 — Deduction of holdings of Additional Tier 1 instruments of financial sector entitiesArticle 315 — Own funds requirementArticle 60 — Deduction of holdings of Additional Tier 1 instruments where an institution does not have a significant investment in a financial sector entityArticle 316 — Relevant indicatorArticle 61 — Additional Tier 1 capitalArticle 317 — Own funds requirementArticle 62 — Tier 2 itemsArticle 318 — Principles for business line mappingArticle 63 — Tier 2 instrumentsArticle 319 — Alternative Standardised ApproachArticle 64 — Amortisation of Tier 2 instrumentsArticle 320 — Criteria for the Standardised ApproachArticle 65 — Consequences of the conditions for Tier 2 instruments ceasing to be metArticle 321 — Qualitative standardsArticle 66 — Deductions from Tier 2 itemsArticle 322 — Quantitative StandardsArticle 67 — Deductions of holdings of own Tier 2 instrumentsArticle 323 — Impact of insurance and other risk transfer mechanismsArticle 68 — Deduction of holdings of Tier 2 instruments of financial sector entities and where an institution has a reciprocal cross holding designed artificially to inflate own fundsArticle 324 — Loss event type classificationArticle 69 — Deduction of holdings of Tier 2 instruments of financial sector entitiesArticle 325 — Allowances for consolidated requirementsArticle 70 — Deduction of Tier 2 instruments where an institution does not have a significant investment in a relevant entityArticle 326 — Own funds requirements for position riskArticle 71 — Tier 2 capitalArticle 327 — NettingArticle 72 — Own fundsArticle 328 — Interest rate futures and forwardsArticle 73 — Distributions on own funds instrumentsArticle 329 — Options and warrantsArticle 74 — Holdings of capital instruments issued by regulated financial sector entities that do not qualify as regulatory capitalArticle 330 — SwapsArticle 75 — Deduction and maturity requirements for short positionsArticle 331 — Interest rate risk on derivative instrumentsArticle 76 — Index holdings of capital instrumentsArticle 332 — Credit DerivativesArticle 77 — Conditions for reducing own fundsArticle 333 — Securities sold under a repurchase agreement or lentArticle 78 — Supervisory permission for reducing own fundsArticle 334 — Net positions in debt instrumentsArticle 79 — Temporary waiver from deduction from own fundsArticle 335 — Cap on the own funds requirement for a net positionArticle 80 — Continuing review of quality of own fundsArticle 336 — Own funds requirement for non-securitisation debt instrumentsArticle 81 — Minority interests that qualify for inclusion in consolidated Common Equity Tier 1 capitalArticle 337 — Own funds requirement for securitisation instrumentsArticle 82 — Qualifying Additional Tier 1, Tier 1, Tier 2 capital and qualifying own fundsArticle 338 — Own funds requirement for the correlation trading portfolioArticle 83 — Qualifying Additional Tier 1 and Tier 2 capital issued by a special purpose entityArticle 339 — Maturity-based calculation of general riskArticle 84 — Minority interests included in consolidated Common Equity Tier 1 capitalArticle 340 — Duration-based calculation of general riskArticle 85 — Qualifying Tier 1 instruments included in consolidated Tier 1 capitalArticle 341 — Net positions in equity instrumentsArticle 86 — Qualifying Tier 1 capital included in consolidated Additional Tier 1 capitalArticle 342 — Specific risk of equity instrumentsArticle 87 — Qualifying own funds included in consolidated own fundsArticle 343 — General risk of equity instrumentsArticle 88 — Qualifying own funds instruments included in consolidated Tier 2 capitalArticle 344 — Stock indicesArticle 89 — Risk weighting and prohibition of qualifying holdings outside the financial sectorArticle 345 — Reduction of net positionsArticle 90 — Alternative to 1250 % risk weightArticle 346 — Allowance for hedges by credit derivativesArticle 91 — ExceptionsArticle 347 — Allowance for hedges by first and nth-to default credit derivativesArticle 1 — Subject matterArticle 92 — Own funds requirementsArticle 348 — Own funds requirements for CIUsArticle 2 — ScopeArticle 93 — Initial capital requirement on going concernArticle 349 — General criteria for CIUsArticle 3 — DefinitionsArticle 94 — Derogation for small trading book businessArticle 350 — Specific methods for CIUsArticle 4 — Designation and powers of the competent authoritiesArticle 95 — Own funds requirements for investment firms with limited authorisation to provide investment servicesArticle 351 — De minimis and weighting for foreign exchange riskArticle 5 — Coordination within Member StatesArticle 96 — Own funds requirements for investment firms which hold initial capital as laid down in Article 28(2) of Directive 2013/36/EUArticle 352 — Calculation of the overall net foreign exchange positionArticle 6 — Cooperation within the European System of Financial SupervisionArticle 97 — Own Funds based on Fixed OverheadsArticle 353 — Foreign exchange risk of CIUsArticle 7 — Union dimension of supervisionArticle 98 — Own funds for investment firms on a consolidated basisArticle 354 — Closely correlated currenciesArticle 8 — AuthorisationArticle 99 — Reporting on own funds requirements and financial informationArticle 355 — Choice of method for commodities riskArticle 9 — Prohibition against persons or undertakings other than credit institutions from carrying out the business of taking deposits or other repayable funds from the publicArticle 100 — Additional reporting requirementsArticle 356 — Ancillary commodities businessArticle 10 — Programme of operations and structural organisationArticle 101 — Specific reporting obligationsArticle 357 — Positions in commoditiesArticle 11 — Economic needsArticle 102 — Requirements for the Trading BookArticle 358 — Particular instrumentsArticle 12 — Initial capitalArticle 103 — Management of the trading bookArticle 359 — Maturity ladder approachArticle 13 — Effective direction of the business and place of the head officeArticle 104 — Inclusion in the Trading BookArticle 360 — Simplified approachArticle 14 — Shareholders and membersArticle 105 — Requirements for Prudent ValuationArticle 361 — Extended maturity ladder approachArticle 15 — Refusal of authorisationArticle 106 — Internal HedgesArticle 362 — Specific and general risksArticle 16 — Prior consultation of the competent authorities of other Member StatesArticle 107 — Approaches to credit riskArticle 363 — Permission to use internal modelsArticle 17 — Branches of credit institutions authorised in another Member StateArticle 108 — Use of credit risk mitigation technique under the Standardised Approach and the IRB ApproachArticle 364 — Own funds requirements when using internal modelsArticle 18 — Withdrawal of authorisationArticle 109 — Treatment of securitised exposures under the Standardised Approach and the IRB ApproachArticle 365 — VaR and stressed VaR CalculationArticle 19 — Name of credit institutionsArticle 110 — Treatment of credit risk adjustmentArticle 366 — Regulatory back testing and multiplication factorsArticle 20 — Notification of authorisation and withdrawal of authorisationArticle 111 — Exposure valueArticle 367 — Requirements on risk measurementArticle 21 — Waiver for credit institutions permanently affiliated to a central bodyArticle 112 — Exposure classesArticle 368 — Qualitative requirementsArticle 22 — Notification and assessment of proposed acquisitionsArticle 113 — Calculation of risk weighted exposure amountsArticle 369 — Internal ValidationArticle 23 — Assessment criteriaArticle 114 — Exposures to central governments or central banksArticle 370 — Requirements for modelling specific riskArticle 24 — Cooperation between competent authoritiesArticle 115 — Exposures to regional governments or local authoritiesArticle 371 — Exclusions from specific risk modelsArticle 25 — Notification in the case of a divestitureArticle 116 — Exposures to public sector entitiesArticle 372 — Requirement to have an internal IRC modelArticle 26 — Information obligations and penaltiesArticle 117 — Exposures to multilateral development banksArticle 373 — Scope of the internal IRC modelArticle 27 — Criteria for qualifying holdingsArticle 118 — Exposures to international organisationsArticle 374 — Parameters of the internal IRC modelArticle 28 — Initial capital of investment firmsArticle 119 — Exposures to institutionsArticle 375 — Recognition of hedges in the internal IRC modelArticle 29 — Initial capital of particular types of investment firmsArticle 120 — Exposures to rated institutionsArticle 376 — Particular requirements for the internal IRC modelArticle 30 — Initial capital of local firmsArticle 121 — Exposures to unrated institutionsArticle 377 — Requirements for an internal model for correlation tradingArticle 31 — Coverage for firms not authorised to hold client money or securitiesArticle 122 — Exposures to corporatesArticle 378 — Settlement/delivery riskArticle 32 — Grandfathering provisionArticle 123 — Retail exposuresArticle 379 — Free deliveriesArticle 33 — Credit institutionsArticle 124 — Exposures secured by mortgages on immovable propertyArticle 380 — WaiverArticle 34 — Financial institutionsArticle 125 — Exposures fully and completely secured by mortgages on residential propertyArticle 381 — Meaning of Credit Valuation AdjustmentArticle 35 — Notification requirement and interaction between competent authoritiesArticle 126 — Exposures fully and completely secured by mortgages on commercial immovable propertyArticle 382 — ScopeArticle 36 — Commencement of activitiesArticle 127 — Exposures in defaultArticle 383 — Advanced methodArticle 37 — Information about refusalsArticle 128 — Items associated with particular high riskArticle 384 — Standardised methodArticle 38 — Aggregation of branchesArticle 129 — Exposures in the form of covered bondsArticle 385 — Alternative to using CVA methods to calculating own funds requirementsArticle 39 — Notification procedureArticle 130 — Items representing securitisation positionsArticle 386 — Eligible hedgesArticle 40 — Reporting requirementsArticle 131 — Exposures to institutions and corporates with a short-term credit assessmentArticle 387 — Subject matterArticle 41 — Measures taken by the competent authorities of the home Member State in relation to activities carried out in the host Member StateArticle 132 — Exposures in the form of units or shares in CIUsArticle 388 — Negative ScopeArticle 42 — Reasons and communicationArticle 133 — Equity exposuresArticle 389 — DefinitionArticle 43 — Precautionary measuresArticle 134 — Other itemsArticle 390 — Calculation of the exposure valueArticle 44 — Powers of host Member StatesArticle 135 — Use of credit assessments by ECAIsArticle 391 — Definition of an institution for large exposures purposesArticle 45 — Measures following withdrawal of authorisationArticle 136 — Mapping of ECAI's credit assessmentsArticle 392 — Definition of a large exposureArticle 46 — AdvertisingArticle 137 — Use of credit assessments by Export Credit AgenciesArticle 393 — Capacity to identify and manage large exposuresArticle 47 — Notification in relation to third-country branches and conditions of access for credit institutions with such branchesArticle 138 — General requirementsArticle 394 — Reporting requirementsArticle 48 — Cooperation with supervisory authorities of third countries regarding supervision on a consolidated basisArticle 139 — Issuer and issue credit assessmentArticle 395 — Limits to large exposuresArticle 49 — Competence of the competent authorities of the home and host Member StatesArticle 140 — Long-term and short-term credit assessmentsArticle 396 — Compliance with large exposures requirementsArticle 50 — Collaboration concerning supervisionArticle 141 — Domestic and foreign currency itemsArticle 397 — Calculating additional own funds requirements for large exposures in the trading bookArticle 51 — Significant branchesArticle 142 — DefinitionsArticle 398 — Procedures to prevent institutions from avoiding the additional own funds requirementArticle 52 — On-the-spot checking and inspection of branches established in another Member StateArticle 143 — Permission to use the IRB ApproachArticle 399 — Eligible credit mitigation techniquesArticle 53 — Professional secrecyArticle 144 — Competent authorities' assessment of an application to use an IRB ApproachArticle 400 — ExemptionsArticle 54 — Use of confidential informationArticle 145 — Prior experience of using IRB approachesArticle 401 — Calculating the effect of the use of credit risk mitigation techniquesArticle 55 — Cooperation agreementsArticle 146 — Measures to be taken where the requirements of this Chapter cease to be metArticle 402 — Exposures arising from mortgage lendingArticle 56 — Exchange of information between authoritiesArticle 147 — Methodology to assign exposure to exposures classesArticle 403 — Substitution approachArticle 57 — Exchange of information with oversight bodiesArticle 148 — Conditions for implementing the IRB Approach across different classes of exposure and business unitsArticle 404 — Scope of applicationArticle 58 — Transmission of information concerning monetary, deposit protection, systemic and payment aspectsArticle 149 — Conditions to revert to the use of less sophisticated approachesArticle 405 — Retained interest of the issuerArticle 59 — Transmission of information to other entitiesArticle 150 — Conditions for permanent partial useArticle 406 — Due diligenceArticle 60 — Disclosure of information obtained by on-the-spot checks and inspectionsArticle 151 — Treatment by exposure classArticle 407 — Additional risk weightArticle 61 — Disclosure of information concerning clearing and settlement servicesArticle 152 — Treatment of exposures in the form of units or shares in CIUsArticle 408 — Criteria for credit grantingArticle 62 — Processing of personal dataArticle 153 — Risk weighted exposure amounts for exposures to corporates, institutions and central governments and central banksArticle 409 — Disclosure to investorsArticle 63 — Duty of persons responsible for the legal control of annual and consolidated accountsArticle 154 — Risk weighted exposure amounts for retail exposuresArticle 410 — Uniform condition of applicationArticle 64 — Supervisory powers and powers to impose penaltiesArticle 155 — Risk weighted exposure amounts for equity exposuresArticle 411 — DefinitionsArticle 65 — Administrative penalties and other administrative measuresArticle 156 — Risk weighted exposure amounts for other non credit-obligation assetsArticle 412 — Liquidity coverage requirementArticle 66 — Administrative penalties and other administrative measures for breaches of authorisation requirements and requirements for acquisitions of qualifying holdingsArticle 157 — Risk weighted exposure amounts for dilution risk of purchased receivablesArticle 413 — Stable FundingArticle 67 — Other provisionsArticle 158 — Treatment by exposure typeArticle 414 — Compliance with liquidity requirementsArticle 68 — Publication of administrative penaltiesArticle 159 — Treatment of expected loss amountsArticle 415 — Reporting obligation and reporting formatArticle 69 — Exchange of information on penalties and maintenance of a central database by EBAArticle 160 — Probability of default (PD)Article 416 — Reporting on liquid assetsArticle 70 — Effective application of penalties and exercise of powers to impose penalties by competent authoritiesArticle 161 — Loss Given Default (LGD)Article 417 — Operational requirements for holdings of liquid assetsArticle 71 — Reporting of breachesArticle 162 — MaturityArticle 418 — Valuation of liquid assetsArticle 72 — Right of appealArticle 163 — Probability of default (PD)Article 419 — Currencies with constraints on the availability of liquid assetsArticle 73 — Internal CapitalArticle 164 — Loss Given Default (LGD)Article 420 — Liquidity outflowsArticle 74 — Internal governance and recovery and resolution plansArticle 165 — Equity exposures subject to the PD/LGD methodArticle 421 — Outflows on retail depositsArticle 75 — Oversight of remuneration policiesArticle 166 — Exposures to corporates, institutions, central governments and central banks and retail exposuresArticle 422 — Outflows on other liabilitiesArticle 76 — Treatment of risksArticle 167 — Equity exposuresArticle 423 — Additional OutflowsArticle 77 — Internal Approaches for calculating own funds requirementsArticle 168 — Other non credit-obligation assetsArticle 424 — Outflows from credit and liquidity facilitiesArticle 78 — Supervisory benchmarking of internal approaches for calculating own funds requirementsArticle 169 — General principlesArticle 425 — InflowsArticle 79 — Credit and counterparty riskArticle 170 — Structure of rating systemsArticle 426 — Updating Future liquidity requirementsArticle 80 — Residual riskArticle 171 — Assignment to grades or poolsArticle 427 — Items providing stable fundingArticle 81 — Concentration riskArticle 172 — Assignment of exposuresArticle 428 — Items requiring stable fundingArticle 82 — Securitisation riskArticle 173 — Integrity of assignment processArticle 429 — Calculation of the leverage ratioArticle 83 — Market riskArticle 174 — Use of modelsArticle 430 — Reporting requirementArticle 84 — Interest risk arising from non-trading book activitiesArticle 175 — Documentation of rating systemsArticle 431 — Scope of disclosure requirementsArticle 85 — Operational riskArticle 176 — Data maintenanceArticle 432 — Non-material, proprietary or confidential informationArticle 86 — Liquidity riskArticle 177 — Stress tests used in assessment of capital adequacyArticle 433 — Frequency of disclosureArticle 87 — Risk of excessive leverageArticle 178 — Default of an obligorArticle 434 — Means of disclosuresArticle 88 — Governance arrangementsArticle 179 — Overall requirements for estimationArticle 435 — Risk management objectives and policiesArticle 89 — Country-by-country reportingArticle 180 — Requirements specific to PD estimationArticle 436 — Scope of applicationArticle 90 — Public disclosure of return on assetsArticle 181 — Requirements specific to own-LGD estimatesArticle 437 — Own fundsArticle 91 — Management bodyArticle 182 — Requirements specific to own-conversion factor estimatesArticle 438 — Capital requirementsArticle 92 — Remuneration policiesArticle 183 — Requirements for assessing the effect of guarantees and credit derivatives for exposures to corporates, institutions and central governments and central banks where own estimates of LGD are used and retail exposuresArticle 439 — Exposure to counterparty credit riskArticle 93 — Institutions that benefit from government interventionArticle 184 — Requirements for purchased receivablesArticle 440 — Capital buffersArticle 94 — Variable elements of remunerationArticle 185 — Validation of internal estimatesArticle 441 — Indicators of global systemic importance